FXJ.AX - Fairfax Media Limited

ASX - ASX Delayed price. Currency in AUD
0.0000 (0.00%)
As of 4:10PM AEDT. Market open.
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Previous close0.0000
Bid0.00 x 0
Ask0.00 x 0
Day's range0.6400 - 0.6650
52-week range0.5850 - 0.8970
Avg. volume14,807,453
Market cap1.518B
Beta (3Y monthly)2.14
PE ratio (TTM)N/A
EPS (TTM)-0.03
Earnings date18 Feb. 2019 - 22 Feb. 2019
Forward dividend & yield0.03 (4.39%)
Ex-dividend date2018-08-21
1y target est0.82
  • Business Insider2 months ago

    The Federal Court approves Nine Entertainment Co takeover of Fairfax Media

    The Federal Court has approved Nine Entertainment Co's takeover of Fairfax Media, despite opposition from former Domain boss Antony Catalano and Aurora Funds Management. At a hearing on Tuesday morning, shareholders were given an opportunity to oppose the scheme of arrangement to join the two media companies, which saw Mr Catalano and Aurora submit separate notices of appearance. One of the points of frustration for Mr Catalano was a decision by Fairfax not to delay a shareholder vote about the scheme on Monday last week.

  • Business Insider2 months ago

    Fairfax shareholders approve Nine merger

    Fairfax Media shareholders have overwhelmingly voted in favour of a merger with Nine Entertainment, approving a deal to create Australia's largest media company. As Nine chief executive Hugh Marks, who will lead the new company, sat at the back of the scheme meeting on Monday, Fairfax investors voted 81.49 per cent of shares cast in favour of the merger, while 18.5 per cent were voted against. "The merger brings together two largely complementary businesses to create a diversified portfolio of media assets, comprising Fairfax's mastheads, Nine's FTA TV network, high-growth digital businesses including Domain, Stan and 9Now, as well as radio interests through Macquarie Media," Fairfax chairman Nick Falloon told the scheme meeting.

  • Business Insider2 months ago

    The Nine-Fairfax merger has been given the all-clear by the competition watchdog

    The planned merger of TV and print media businesses Nine Entertainment and Fairfax Media has the backing of the Australian Competition and Consumer Commission (ACCC). Chair Rod Sims said the merger raised numerous "extremely complex issues, and will likely reduce competition" but in the end his organisation concluded that it wasn't substantial enough to breach the Competition and Consumer Act. Nine’s television operations and Fairfax’s main media assets generally do not compete closely with each other, the ACCC said, with Nine’s news and current affairs programs targeting "a mass market audience" while Fairfax’s "more in-depth coverage" was focused on a subscription audience.

  • How Turnbull's Legal Gambit May Tilt Showdown His Way
    Bloomberg5 months ago

    How Turnbull's Legal Gambit May Tilt Showdown His Way

    When Malcolm Turnbull stepped into the Canberra winter chill and on to the podium in the prime minister’s courtyard at 1 p.m. on Thursday, most pundits thought he was about to quit. Turnbull also spoke about another document, one he hopes may save his career -- a letter referred to the nation’s top legal officer asking whether Dutton may actually be ineligible to remain in parliament. On Tuesday, hours after Dutton’s first attempt to win the leadership narrowly failed, an article was published by Fairfax Media alleging he could be disqualified from parliament over his business interests.

  • Should You Be Concerned About Fairfax Media Limited’s (ASX:FXJ) Investors?
    Simply Wall St.5 months ago

    Should You Be Concerned About Fairfax Media Limited’s (ASX:FXJ) Investors?

    In this article, I’m going to take a look at Fairfax Media Limited’s (ASX:FXJ) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject amongRead More...

  • Australia's Fairfax Media, Nine Entertainment to merge
    Associated Press6 months ago

    Australia's Fairfax Media, Nine Entertainment to merge

    SYDNEY (AP) — Australian media companies Nine Entertainment and Fairfax Media have announced plans to merge, with the new media giant to be known only as Nine.